These Chinese vendors included Lenovo, which recently acquired Motorola Mobility, and new entrants into the top ten rankings, Xiaomi and TCL.

To compete, many of these Chinese brands are offering high-performing handsets, but at low prices, according to TrendForce. It’s a strategy that Xiaomi has successfully used to transform itself from a little-known firm into a fast-rising smartphone player with global ambitions.

At the same time, the brands also benefited from rising demand coming from mainland China, which has become the world’s largest market for handsets..

Both Samsung and Apple, however, continue to make the bulk of the world’s smartphones, and together shipped 518 million units last year, TrendForce said in a report.

Samsung, while still the world’s leading smartphone vendor, saw its global market share drop by over 4 points to 28 percent in the year, partly due to the rise of its Chinese rivals.

In response, the Korean electronics giant has been launching more mid-range phones in China, a market where both Xiaomi and Lenovo have recently overtaken Samsung.

Apple, on the other hand, saw its market share hold steady last year at 16.4 percent, with the large-screen iPhone 6 Plus helping to maintain the company’s robust sales.

Overall, the world’s smartphone market grew by 25.9 percent year over year to reach almost 1.17 billion units in 2014. TrendForce, however, projects that growth will slow in 2015, with shipments expected to grow at 10 percent year on year.